Finance

Stock futures are flat ahead of earnings season kickoff

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U.S. stock futures were flat in early morning trading on Wednesday ahead of the first batch of corporate earnings.

Dow futures traded just 16 points higher. S&P 500 futures and Nasdaq 100 futures both hovered in mildly positive territory.

On Tuesday, the S&P 500 climbed 0.4% to close at a record high. Equities shrugged off the Food and Drug Administration’s request for states to pause administering Johnson & Johnson’s Covid-19 vaccine after six people in the U.S. developed a rare disorder involving blood clots. Moderna shares gained more than 7% on the news.

After the bell on Tuesday, Pfizer CEO Albert Bourla said the drugmaker can deliver 10% more vaccine doses to the U.S. by the end of…



Source cnbc.com

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